Speculative Trading In Japanese Stocks Broke A Record After The Earthquake

After Japan's earthquake, people invested a record-breaking
amount in the Japanese stock market.

Because of people speculating that
the crisis was over-hyped, the amount invested in Japanese
stocks peaked, reaching ¥891 billion ($11 billion) in one week
following the earthquake, according to
Bloomberg.

That's the largest amount invested in Japanese stocks since they
started counting in 2005.

“[That investing in Japanese stocks broke a record] confirms the
view that speculative trading played the major role for the yen
to break a record last week."

Traders speculated that the Japanese government would buy yen to
pour money into rebuilding efforts (causing the yen surge) and
traders speculated that people were over-reacting to the crisis,
so they invested in Japanese stocks.